being denied a redemption of 300k.
anyone know more about this reit?
i searched Jacob Frydman and see fraud cases with this ceo of united realty
[url]http://www.unitedrealtytrust.com[/url] [url]http://www.urpa.com[/url]

The CEO of [url]http://www.unitedrealtycos.com[/url]Jacob Frydman (AKA Jake The Snake as he was known in the 90's) has many lawsuits against him especially for FRAUD.

Ask Yourself why the CEO Jacob Frydman http://en.wikipedia.org/wiki/Jacob_Frydman (aka Jake the Snake ) has dozens of lawsuits against him for fraud and stealing.

Dozens of litigations many many with Fraud. Makes you wonder whats next.
Do you remeber the guy Madoff ????

Jake Frydman hires Architects, Contractors, Electricians, and Plumbers etc, for his house he calls Ledge Rock and then sues them all ...... Why? to scare them and not to pay them. Read these litigations and you will be in shock!

As a master in LITIGATION the con man Jake the Snake mobster wanna be Frydman aka Jacob Frydman has so many liens against him because he sues, loses in court and then still fights. the liens he may ultimately settle as a way to get a discount. But the records show it all. From the smallest few hundred dollars to the larger ones where he screws lawyers and law firms that represent him.

Frydman knows how to use LLC's and corporations to hide his fraud and deception, but some (Dozens) we can still uncover in these lawsuits.

Jake has screwed dozens of banks and lenders (yes on many properties he bought and they took back, NOT disclosed in his SEC documents)

AND THE LIST GOES ON AND ON AND ON......................................

The world will see who Jake really is when he is in Jail.

One lawsuit says that Jacob Frydman defaulted on his personal guaranty of a $12 million loan PAF Capital made to his company. The suit claims that after defaulting on his guaranty, Mr. Frydman represented to PAF Capital that he could not afford to honor his guaranty and provided PAF Capital with what they now believe are fraudulent financial statements in an effort to get PAF Capital to settle with Mr. Frydman for a significant haircut.

Another Lawsuit his ex-CFO in his Lambdastar Infranstructure fund [url]http://lambdastar.com/partners.php[/url]that failed in 2010 the CFO alleges that Jacob Frydman raided the company for his own benefit and left the company broke. The CFO won the lawsuit against them. The CFO writes in the lawsuit he used the company as a "personal piggy bank by siphoning investor monies from the company’s coffers to distribute money to Frydman”

A case filed in 2013 alleges that Jacob Frydman got caught moving nearly $7 million of investors’ funds to an account under Frydman’s control. The documents show how Jacob Frydman only returned the investor funds after being notified of the lawsuit.

Many lawsuits were filed in March of 2011 by Capital One Bank against Jacob Frydman and his entities for breaches of contract, recovery of funds owed under credit agreements, in the amounts of $637,982.85, $370,141.75, and $341,558.06.